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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Mexican Peso/Turkish Lira (FOREX:MXNTRY)
Crossroads (-60) - MXNTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MXNTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MXNTRY
The long-term trend has been UP since Nov 3rd, 2023 at 1.6243725
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1.9191295
The short-term trend has been DOWN since Apr 12th, 2024 at 1.9538980
Smart Scan Analysis for MXNTRY
Based on our trend formula, MXNTRY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8798780 | 1.9066000 | 1.8722790 | 1.9020065 | +0.0221280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8798780 | 2024-04-19 17:02:38 |